Tim Cook: China will be Apple's top market |
| CNNMoney - Jan 11, 2013 |
Tim Cook, making his second trip to China as Apple's CEO, predicted Friday that the world's most populous country will one day become Apple's number one customer.
"China is currently our second largest market. I believe it will become our first. I believe strongly that it will," the CEO said during an interview with China's state-run Xinhua
Cook did not say when he expected China to overtake the U.S., which is currently the largest market for Apple products by a good margin. Apple has only 11 locations in China and Hong Kong.
But Cook did indicate that Apple (AAPL, Fortune 500) is already plotting an aggressive course in China.
"We are continuing to invest in retail stores here and will open many more over the next several years," he said. "We have some great sites selected, our manufacturing base is here, and we have incredible partners here. So it's a very very important country to us."
Read Full Article from CNNMoney
- Posted: 2013-01-11 14:35:00
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